The Trump administration has escalated its confrontation with the Federal Reserve, with US prosecutors initiating a criminal investigation into Federal Reserve Chair Jay Powell regarding a $2.5 billion renovation project at the central bank's headquarters. This development marks a sharp intensification of tensions between the government and the Fed, raising questions about institutional independence and policy coordination. The investigation's trajectory could influence monetary policy decisions, interest rate expectations, and broader market sentiment—factors that directly reverberate through crypto and traditional financial markets. Investors are closely monitoring how this unprecedented pressure on Fed leadership might reshape near-term economic policy and capital flows.